president. [ cheers ] >> reporter: president obama's left hand was on two bibles, one belonging to abraham lincoln, the other to martin luther king jr. following his inaugural address and a signing ceremony in the capitol, the president and vice president paid tribute to dr. king a second time, pausing at a bust of the slain civil rights leader in the rotunda. during the procession down pennsylvania avenue, the president and first lady walked part of the way and later took their place in the reviewing stand as the inaugural parade began. ♪ >> reporter: and the party continued into the night. ♪ he's president and he's on fire ♪ >> reporter: michelle obama wowed the audiences at two inaugural balls in a ruby chiffon and velvet gown by jason wu. but the celebration was not as grand as 2009 which saw the president and first lady attend ten balls. >> now that the parties are over the work on president obama's second term begins. susan mcginnis with more on that. good morning. >> reporter: anne-marie, good morning. yes, item number one is the debt limit. we learned on monday that the house will vo